February 22nd, 2012

Moira’s Tax Trap

A quick read of the papers recently would make you think that Moira Stuart has been up to a bit of a tax fiddle. The truth is that she has, like thousands of people, just arranged her affairs in a perfectly legitimate way which results in her paying less tax. Moira’s ‘crime’ was to put £40,000 of income through her own limited company.

Moira’s made the news though for two reasons though. First, she’s the face of HMRC and secondly, tax avoidance is now culturally frowned upon (unlike illegal tax evasion which has been frowned upon for many years!).

The climate of austerity, together with a feeling that big companies and wealthy individuals get away with not paying their fair share, has now trickled down to criticism of ‘ordinary’ people for doing basic tax planning. HMRC must be thrilled.

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HMRC Tax avoidance

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Director

John manages a wide portfolio of owner managed businesses and oversees the smooth operation of the firm’s payroll department.

After obtaining his degree in mathematics from the University of Liverpool, John joined Jonathan Ford & Co in 2004 and qualified as a chartered accountant four years later. John likes to keep abreast of developments in tax and accounting and is responsible for the mentoring of junior staff.

Outside of work, John enjoys keeping fit and is a Liverpool FC season ticket holder.

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